Apollo Gold (AGT)

[CHA$E]

Apollo Gold Reports 1st Quarter Production and Black Fox Mine

Commencing Underground Development
6:51p ET May 5, 2010 (Business Wire)
Apollo Gold Corporation ("Apollo" or the "Company") (TSX: APG) (NYSE Amex: AGT) reports that it sold 15,796 ounces of gold in the first quarter ended March 31, 2010 ("Q1 2010").

During Q1 2010, approximately 2.1 million tonnes, including 190,000 tonnes of ore, was mined from the Black Fox Mine. The Black Fox Mill processed 178,000 tonnes of ore at an average grade of gold of 2.7 grams per tonne ("gpt") for a total gold production of 14,175 ounces. Total cash costs in Q1 2010, which will be reported with the Company's quarterly financial results on May 10, 2010, are expected to be between US$625 and US$635 per ounce sold.